Monthly Archives: December 2009

Ticor Title recordings for November

Posted on December 17, 2009 by Guy Johnson

From our friends at Ticor Title, the Washoe County November resale, refinance, and new home statistics can be accessed by clicking below. Looks like Refi’s took a big jump in Novmeber – a 19 percent increase over October’s refis.  Must … Continue reading →

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Market Condition Report – November 2009

Posted on December 16, 2009 by Guy Johnson

Thank you to our friends at First Centennial Title for providing the monthly Market Condition report below. November’s report shows that many of the metrics (Supply, Withdrawns, Percent Selling, etc.) have held steady for the month.  However, regarding prices the … Continue reading →

Posted in Market Trends | Tagged , , , , , | 4 Comments

Washoe County property tax bills to decrease

Posted on December 15, 2009 by Guy Johnson

The RGJ reported today that most Washoe County property owners will pay less property tax in the year that starts July 1.  In the story, Washoe County Assessor Josh Wilson said "A majority of residents will see their taxes go … Continue reading →

Posted in News, Taxes | Tagged , | 3 Comments

Short Sale FAIL

Posted on December 10, 2009 by Diane Cohn

After eight unsuccessful months trying to sell our Somersett McMansion for $525,000, we raised the price to $572,000. No, we’re not crazy. The bank is. For those who may not know me, I started this blog in late 2005. I … Continue reading →

Posted in Foreclosures, General, Legal, Lending, Market Trends, Somersett, Strategy | Tagged , , , , , , , , , , | 86 Comments

The $2,527,351,000 Deed of Trust

Posted on December 9, 2009 by Mike McGonagle

That’s right, $2.5 Billion!   Well, OK, it is only $1,377,351,000 with a $2,527,351,000 maximum, but I get giddy when there are that many zeroes and commas. The property is the Montage, which just passed from Montage Marketing Corporation  to Montage … Continue reading →

Posted in General | 8 Comments

November median sold price, units, DOM, and $/sq.ft.

Posted on December 9, 2009 by Guy Johnson

November’s 448 houses sold did not surpass October’s 555 Solds, however we still saw an unseasonably high number for a November.  Compare November’s 448 sales with the number sold during the last five November’s: 2009: 448 houses sold 2008: 269 … Continue reading →

Posted in Market Trends | Tagged , , , , , , , , , | 2 Comments

House flipping coming back

Posted on December 8, 2009 by Guy Johnson

Today’s Wall Street Journal has a piece on the rise in the number of investors picking up properties at foreclosure auctions and then reselling them.  According to one estimate, in November about 21% of homes sold in trustee sales in … Continue reading →

Posted in Foreclosures | Tagged | 11 Comments

Ticor Title’s NOD, NOS and TDs chart for November

Posted on December 7, 2009 by Guy Johnson

I’m not sure if it’s the holidays or what, but NOD, NOS and TD filings in Washoe County continue to drop.  In fact, November’s total for NOD, NOS and TD filings was 1,196.  Compare this to the peak total of … Continue reading →

Posted in Foreclosures, Market Trends | Tagged , , , , , | 45 Comments